MRM - 2018 Registration document

3

General information on the issuer and its capital

Information about the share capital

3.2.3 Convertible securities

None.

3.2.4 Non-equity securities

At the date of this Registration Document, there are no securities existing which do not represent the Company’s share capital.

3.2.5 Securities giving access to the capital

None. No securities have been issued that would give access to the capital, and whose exercise would be likely to have a dilutive effect on the Company’s shareholders.

3.2.6 Summary of current authorisations

None.

3.2.7 Treasury shares - Share buyback programme

As of 31 December 2018, the Company held 70,508 treasury shares representing 0.16% of the share capital and 0.00% of the actual voting rights in the Company. Details of the share buyback programme Pursuant to the provisions of Article 241–2 of the AMF General Regulations, the following description details the purposes and terms of the Company’s share buyback programme. This programme will be submitted for the approval of the General Meeting of 29 May 2019. Breakdown by objective of the equity securities held as of 31 March 2019: Number of shares held directly and indirectly: 67,501 representing 0.15% of the capital of the Company. Breakdown of the number of equity securities held by objective: • to stimulate the share price by way of a liquidity contract: 63,941 • to retain shares purchased and later used for exchange or payment within the framework of any future external growth operations: 3,560 • to cover stock options or other employee shareholding scheme: 0

• to cover securities giving the right to the granting of shares: 0 • cancellation: 0 New share buyback programme Share buyback authorisation: General Meeting of 29 May 2019 Securities concerned: ordinary shares The maximum proportion of the Company’s share capital that may be bought back: 10% of the share capital (i.e. 4,366,781 shares to date), it being specified that this limit is assessed at the date of repurchase to take into account any capital increase or capital reduction operations that may occur during the term of the programme. The number of shares taken into account for the calculation of this limit corresponds to the number of shares purchased, less the number of shares sold during the term of the share buyback programme for the purpose of attaining the liquidity objective. Maximum share purchase price: €3 per share Total amount of share buyback programme: €13,100,344 Share repurchases may be made by any means, including via the purchase of blocks of securities, whenever the Board of directors deems it appropriate. The Company reserves the right to use option mechanisms or derivatives within the framework of the applicable regulations.

42

M.R.M. 2018 REGISTRATION DOCUMENT